Should You Consider Badger Meter, Inc. (NYSE:BMI)?
Attractive stocks have exceptional fundamentals. In the case of Badger Meter, Inc. (NYSE:BMI), there’s is a dependable dividend-paying company that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my broad commentary, read the full report on Badger Meter here.
Flawless balance sheet average dividend payer
BMI is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. BMI’s has produced operating cash levels of 1.22x total debt over the past year, which implies that BMI’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For those seeking income streams from their portfolio, BMI is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.2%.
Next Steps:
For Badger Meter, there are three pertinent factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for BMI’s future growth? Take a look at our free research report of analyst consensus for BMI’s outlook.
Historical Performance: What has BMI’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BMI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
